Evolution of non-expected utility preferences

書誌事項

Evolution of non-expected utility preferences

Sven von Widekind

(Lecture notes in economics and mathematical systems, 606)

Springer, c2008

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注記

Author's thesis (doctoral)--Bielefeld University, Germany, 2007

Includes bibliographical references (p. [127]-130)

内容説明・目次

内容説明

The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. It is related to the field of evolutionary game theory. In this book we analyze the role and the influence of general, possibly non-expected utility preferences in such an evolutionary setup. In particular, we demonstrate that preferences which diverge from von Neumann-Morgenstern expected utility may potentially prove to be successful under evolutionary pressures.

目次

The Model and a General Existence Result.- Examples: Properties of the Model.- Evolutionary Extinction of Expected Utility Preferences.- Evolution with More Sophisticated Types.- A Model with Two Populations.- Conclusions.

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